The consumerism of the eighteenth century grew to allow more people to buy goods that had been luxuries only a short time before; however,one result of this situation was a rise in the cost of such goods caused by:

Question

Quizplus · Accepted Answer

The law of supply and demand suggests that when demand for a product goes up, the price will often follow suit. As more people were able to afford luxuries in the eighteenth century, demand for these goods increased, leading to a rise in their cost.

The Consumerism of the Eighteenth Century Grew to Allow More